Edelweiss talks wealth management in India

Edelweiss Capital is a domestic, full-service investment bank which IPOed in November 2007 to an overwhelming response. We talk to Anurag Mehrotra, the head of wealth management at Edelweiss, about the firm's private banking strategy.

What prompted Edelweiss to start offering wealth management services in IndiaWe perceive a big opportunity in wealth management. According to our internal estimates, the wealth industry in India in the next three years is going to be a close to Rs50 billion $1.2...